Rheinmetall AG (RNMBY)

Rheinmetall AG Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	696	717	535	474	291
Depreciation & Amortization	401	284	302	226	215
Other Amortization	-	-	-	23	24
Loss (Gain) From Sale of Assets	-24	103	-59	-5	-
Asset Writedown & Restructuring Costs	17	-	6	-	15
Loss (Gain) on Equity Investments	-9	15	-4	-39	15
Other Operating Activities	38	42	49	37	22
Change in Accounts Receivable	93	-102	39	-39	63
Change in Other Net Operating Assets	616	542	-188	-516	-46
Operating Cash Flow	2,287	1,720	743	174	690
Operating Cash Flow Growth	32.97%	131.49%	327.01%	-74.78%	52.32%
Capital Expenditures	-872	-732	-398	-349	-271
Sale of Property, Plant & Equipment	10	10	2	19	3
Cash Acquisitions	-54	-508	-1,064	-205	-35
Divestitures	74	24	155	2	1
Investment in Securities	-	-	130	-	-160
Other Investing Activities	-1	34	-	-1	-
Investing Cash Flow	-843	-1,172	-1,175	-534	-462
Long-Term Debt Issued	71	793	1,294	249	122
Long-Term Debt Repaid	-585	-773	-485	-232	-231
Net Debt Issued (Repaid)	-514	20	809	17	-109
Issuance of Common Stock	-	-	113	-	-
Common Dividends Paid	-369	-248	-187	-143	-87
Other Financing Activities	22	-6	11	-5	-6
Financing Cash Flow	-861	-234	746	-131	-202
Foreign Exchange Rate Adjustments	-10	-2	-9	1	4
Miscellaneous Cash Flow Adjustments	1	-1	-	-	-
Net Cash Flow	574	311	305	-490	30
Free Cash Flow	1,415	988	345	-175	419
Free Cash Flow Growth	43.22%	186.38%	-	-	93.98%
Free Cash Flow Margin	14.24%	12.81%	4.81%	-2.73%	7.41%
Free Cash Flow Per Share	30.33	21.17	7.45	-4.04	9.68
Cash Interest Paid	-	-	-	-	23
Cash Income Tax Paid	355	351	157	154	72
Levered Free Cash Flow	979.39	711.21	526.88	-280	275.25
Unlevered Free Cash Flow	1,052	783.71	596.25	-260	294.63
Change in Working Capital	709	440	-149	-555	17

Source: S&P Global Market Intelligence. Standard template. Financial Sources.